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Old 03-18-2020, 02:26 PM   #1
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Default Coronavirus, cash concerns leave EV maker Nio with uncertain future

Filed under: Earnings/Financials,Green,Misc. Automakers,Green Automakers,Electric
The carmaker, seen as a challenger to Tesla Inc , has been hurt by dwindling demand and reduced government subsidies for electric vehicles in China, the world's largest car market. Last month, it signed https://www.reuters.com/article/nio-...-idUSL3N2AP2L8 framework agreements with Hefei's city government to raise more than 10 billion yuan and set up new manufacturing facilities. Vehicle sales in China felContinue reading Coronavirus, cash concerns leave EV maker Nio with uncertain future
Coronavirus, cash concerns leave EV maker Nio with uncertain future originally appeared on Autoblog on Wed, 18 Mar 2020 14:38:00 EDT. Please see our terms for use of feeds.


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